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$240,000

NAL Estimated Property Value

10115 Tangiers Rd, Houston, TX, 77041

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths800 Sq Ft
price_per_sqft$336.25 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesMicrowave, Dishwasher
FlooringTile

Exterior

Lot Size7,000 sqft

Building Information

Year Built1984

Land Information

APN0803170000207
Lot Number207
SubdivisionCarverdale
Land UseResidential
Legal DescriptionLT 207 BLK J CARVERDALE SEC 2
Census Tract521600
Assessed Land Value$105,000
Assessed Improvement Value$116,008
Assessment Year2025

About this property

Prime Investment Opportunity in Northern Houston. Discover two exceptional properties in a sought-after location just northwest of Houston. Perfect for investors or homeowners looking for additional rental income, these properties boast modern, versatile living spaces. This converted garage offers a cozy studio unit, fully equipped and ready for immediate rental. It is ideal for the generation of passive income or accommodating guests. Conventionaly located near 290 West, and Beltway 8. Don't miss this incredible opportunity!

Investor Tools

Property Icon
$240,000
Estimated Property Value
$212,069Estimated Mortgage Balance
$27,931Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,614 /month
Positive
Cash Flow Estimate:
$538 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$320/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,641
$221,008
2025
$105,000
$116,008
$221,008
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,641
$221,008

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Panorama Mortgage Group Llc
Conventional
$216,200
No
First
Apr 11, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,069
$62,931
22%
88%
$1,297/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,710/mo
$1,297/mo
+$413/mo
8.6%

City: Houston

10115 Tangiers Rd | Property Details | No Agent List